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Topic: Sell your house for investment in btc. - page 36. (Read 9166 times)

full member
Activity: 186
Merit: 100
February 09, 2018, 03:41:24 PM
I am a student, I have no home. But if I have a house, I will not sell my house to invest in bitcoin. The purpose of investing in bitcoin is to have a better life, I invest in bitcoin and accept risk in acceptable levels. The price of bitcoin is always changing, I can not risk selling the house to invest in bitcoin.
newbie
Activity: 252
Merit: 0
February 09, 2018, 02:42:22 PM
i might do it right now (is a good moment)if i have a house,but i am still not. seems like is a good time for all in for some short time. After correction,for sure not in December.
sr. member
Activity: 586
Merit: 250
February 09, 2018, 02:35:26 PM
It is so crazy think but selling house it can be risky if you have another house,than it will not so bad idea.
To be successful sometimes it takes things that look crazy, selling a house is a common thing when investing, this is common for example many people mortgaging home to start a business, I will do this because I'm sure the future will improve.
newbie
Activity: 27
Merit: 0
February 09, 2018, 02:33:12 PM
too much risk .if you have more than enough money then only invest.. So don't sell your house for investmest in btc
newbie
Activity: 280
Merit: 0
February 09, 2018, 02:23:17 PM
It is so crazy think but selling house it can be risky if you have another house,than it will not so bad idea.
copper member
Activity: 298
Merit: 11
https://wesp.io
February 09, 2018, 02:22:40 PM
i think that is not a good idea.Invest that you can afford to loose.what happen if bitcoin go down with these new regulation from governments.you will loose house and money.crypto currencies are unpredictable.so 1st learn some basics about trading like how market behave.then invest small amount of money get experience in trading.after that go to big investments.then you can become successful in crypto currency trading.
sr. member
Activity: 507
Merit: 250
Adoption Blockchain e-Commerce to World
February 09, 2018, 02:21:33 PM
many people disagree with this. It's too risky. You know, the encrypted money market has a strong volatility. Remember that a few years ago, bitcoin in a few months, the market value was reduced by 90%, if having a home or loan to make such an investment, then such a thing should not be done. There is always a chance, but if you take the risk, you may lose more.
Yes agree, it's too risky to sell a house for bitcoin investments, no one can guarantee a profit, of course if anyone buys bitcoin above $ 10k while the current price is $ 8500 then they lose and I'm sure it can be stressful.
full member
Activity: 563
Merit: 102
February 09, 2018, 02:18:34 PM
You should never do investment by taking such risk. Selling your house is a big deal you cannot put such a risk to your family. It's such a risky market you should always invest your spare money
Yeah true,it is not a wise idea to sell your house to invest in cryptocurrency in which you know it is volatile. And house is one of our three basic needs in life. This is what I always say, invest only what you can afford to lose . Don't borrow money just to invest and don't gamble anything really important just to invest. Invest only if you have extra money .
member
Activity: 239
Merit: 10
February 09, 2018, 02:12:41 PM
many people disagree with this. It's too risky. You know, the encrypted money market has a strong volatility. Remember that a few years ago, bitcoin in a few months, the market value was reduced by 90%, if having a home or loan to make such an investment, then such a thing should not be done. There is always a chance, but if you take the risk, you may lose more.
member
Activity: 98
Merit: 14
February 09, 2018, 01:01:24 PM
Just imagine selling your $259,900 house for 43BTC and 2 Months in street.

and after just 2 months sell 43BTC for $498198.

Again buying the previous also you will be in profit of $472298.


would you try this technique.

Ok, selling your house and investing all your assets in btc, how exactly did you come up with this idea? I think it is not a good idea. Imagine you and all your family on the street..will you let them sleep in the street? Okay let's say you are living alone, and selling your house and living on the street is what you think a better idea, but where will you trade if your phone is dead? And how about your daily needs in 2 months without a house? How about your job? Where will you put all your things? It is fine if you don't have a job and you may work it all out. But where will you get the money to cover for  your daily needs? I know you are thinkinv of profits, but what if you loss your money?? There are a lot of things to consider before selling your things.. there is always consequences in whatever you are doing. I don't think this is Idiocy but I think this is a very bad idea. Because a house is a house it is one of the main needs of a human. If you invest all your money what about your FOOD, SHELTER AND CLOTHES?
full member
Activity: 462
Merit: 118
February 09, 2018, 12:47:14 PM
I hope no one did this and I guess nobody will dare do this now. It has plummeted 60% after all.
jr. member
Activity: 57
Merit: 43
February 09, 2018, 12:18:58 PM
For me I can not sell my house just for btc no matter how much value it is. As long as the house is a lifetime you can use your family members to inherit. if you sell your house you're sure that bitcoin is endless? If now you sell your house then the next bitcoin banned your country after that your house payment has been invested in bitcoin. What happens is you do not have any money for me so I will never sell my house in btc.
newbie
Activity: 42
Merit: 0
February 09, 2018, 12:08:40 PM
You should only invest in BTC what you can afford to lose. If you can afford to lose a house, go ahead.
newbie
Activity: 19
Merit: 0
February 09, 2018, 11:44:43 AM
Just imagine selling your $259,900 house for 43BTC and 2 Months in street.

and after just 2 months sell 43BTC for $498198.

Again buying the previous also you will be in profit of $472298.


would you try this technique.
I don't try this technique you recommend because I don't want to sell our house just for investment. Investment is not always having a profit in your money. We don't say that if we invest, we earn a lot easily. Investing is taking a risk between to have a profit or to lose your money. Market is not always increases when the time you invest. Just invest what you can afford to lose. Don't be too crazy to sell everything just for investments.
newbie
Activity: 41
Merit: 0
February 09, 2018, 11:40:12 AM
nvestments are always risking no matter where the money comes from !!! the question is is you ready to lose everything if it does not work Angry
full member
Activity: 532
Merit: 101
February 09, 2018, 11:30:11 AM
Well, i would sell my house to invest in btc, because i know there's a good outcome and i'm willing to take risk to invest in bitcoin, because i know there's a good thing happen and think positive don't be scared to invest. Because in investing its a challenge to us that we should give more trust and always believe that its sure that we can earn good profit and we become success in the coming days. Even if others say that its risky, i don't think bad about bitcoin. So why you become if your don't try and face the challenge. I will try this technique.
full member
Activity: 336
Merit: 121
February 09, 2018, 11:11:55 AM
I think you need to take this decision in only situation if you have two houses and you want to invest money in crypto then that is the best choice to sell one of your house and invest your money in bitcoin. But remember you should have some experience while investing in bitcoin because if you are investing such huge money then you need to get some experience before investing.
newbie
Activity: 154
Merit: 0
February 09, 2018, 10:54:49 AM
please do sell ur house for bitcoin it is nt advisable
member
Activity: 157
Merit: 10
February 09, 2018, 10:40:13 AM
I'm not so risky to try such technique and I wouldn't recommend anyone to do it. Just imagine some newbie who would sell his house and buy BTC just in the start of correction. Poor guy.
member
Activity: 490
Merit: 11
February 09, 2018, 10:34:59 AM
Selling your house to invest in bitcoin is not a good idea, you are investing your house to a risky business. But it's all depends in yourself if you do it or not. If you sell your house to invest in bitcoin, you must accept that bitcoin price is not permanent, it is so volatile, it goes up and down at any moment. And every downfall may result to failing and bitcoin will die.
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